PDN 4.59% $13.50 paladin energy ltd

Oversupply prompts Kazakh uranium production cut, page-2

  1. 4 Posts.
    This is great news. With over 40% of global uranium production being from Kazakhstan and a state-run company it is very possible that they will act as a swing producer. Kazakhstan can now voluntarily decrease uranium production in order to artificially increase uranium prices rather than be forced to decrease production as a response to low prices which most miners have been doing.
 
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